Stephen Socolof

Stephen J. Socolof is the Board Director of EverSpin Technologies Inc. He is also a Managing Partner of New Venture Partners. He is a Founder & Member of the investment committee of New Venture Partners since 2001. Steve has spent his career focusing on corporate innovation. At New Venture Partners, Steve works with leading global technology corporations to help them spin out, commercialize, and scale up new business opportunities in semiconductors, software, storage, and wireless. Previously, Steve joined Lucent Technologies in 1996 to establish Lucent's New Ventures Group responsible for incubating and launching new ventures to commercialize technology from Bell Labs. Lucent's New Ventures Group became the benchmark corporate venture organization for commercializing internally-developed technology. Before joining Lucent, Steve spent eight years with Booz, Allen & Hamilton Inc., where he was a leader of the firm's innovation consulting practice. Steve is currently a Director of EverSpin Technologies, GainSpan Corporation, Own Products. He is an Observer of Alverix. He was a Director of SyChip, Inc. before its acquisition by Murata and an investor. He was an Observer of Flarion Technologies, Inc. until its acquisition by Qualcomm, Silicon Hive until its acquisition by Intel. In addition, he was the early lead on and helped launch iBiquity Digital Corporation, Internet Photonics, Inc., and Lucent Digital Video. Steve has been named chair of the National Venture Capital Association's (NVCA) Corporate Venture Group (CVG) Advisory Board. The CVG comprises that part of the NVCA membership made up of corporate venture arms. The CVG Advisory Board is responsible for developing programs to build better communication and practical cooperation between CVGs, venture capitalists, startup companies, and entrepreneurs. The Advisory Board leverages and extends the resources of the NVCA to create best-in-class educational and networking opportunities for corporate venture programs of all charters, sizes, business types, industries, and stages of development. Steve’s one-year term commenced with the NVCA Annual Meeting on April 24, 2012. Steve holds a BA in Economics and a BS in Mathematical Sciences from Stanford University and received his MBA from the Amos Tuck School at Dartmouth College, where he was a Tuck Scholar. He currently serves on the board of the Center for the Study of Private Equity at the Tuck School. New Venture Partners, the global venture capital firm dedicated to corporate technology spin-outs, has over $700 million under management. Starting in 1997 as Lucent's New Ventures Group and operating as an independent firm since 2001, the New Venture Partners team has launched over 50 companies built upon innovations from Lucent/Bell Labs, British Telecom, Philips, Boeing, Freescale, GE, IBM, Intel, and other major technology companies. Current Investments: Alverix CrossFiber EverSpin GainSpan Own Products Prior Investments: DAFCA Flarion GlobalCast Communications Internet Photonics ISPsoft Lucent Digital Video Maps On Us Procelerate Technologies SavaJe Technologies Silicon Hive SyChip